Commences 2022 Property-Wide Exploration On The Buck Property; Mobilises Crew For High-Resolution Airborne Vtem Geophysical Survey
Sun Summit Minerals Corp. (TSX-V: SMN; OTCQB: SMREF) is pleased to announce the commencement of its summer 2022 exploration program across its Buck Property, central B.C.
Highlights
Sharyn Alexander, Sun Summit’s President, stated: “The start of this year’s property-wide exploration program is a very exciting time for us. Based on encouraging results from last year’s extensive drilling and field work, we decided it was paramount to focus on investigating the broader mineral potential and prospectivity of the entire property. As such, the objective of this extensive survey is to obtain important geophysical data from across the property to identify zones where geochemical, geological, and geophysical anomalies are coincidental. This additional data is anticipated to help focus follow-up work and generate new drill targets outside of the Buck Main zone.
“The Buck Property is surrounded by current and past-producing mines as well as numerous advanced-staged development projects¹. Although the Buck Main target area is the current focus, we strongly believe in the project’s potential to host multiple deposit-types. Our immediate goal therefore is to define and prioritise additional prospective drill targets to complement our ongoing systematic drill programs at Buck Main.”
Geophysical Survey
Sun Summit has contracted Geotech Ltd. to carry out a helicopter-borne VTEM geophysical survey across the Buck property. The over 1,800-line kilometre survey will be conducted on east-west oriented lines spaced 200 metres apart. The VTEM system is proprietary to Geotech and is used to map the apparent resistivity (or electrical conductivity) and the magnetic signature of bedrock underlying a survey area. This data can be used to map geologic structures, lithologies and alteration zones potentially related to hydrothermal fluids in areas buried by post-mineralization cover such as glacial till and soils. This type of survey has been successfully utilized in similar geologic environments to explore for porphyry- and epithermal-related mineralization.
Central to the 33,000 hectare Buck Property is an approximately 24 kilometre long, northwest-trending, fault-bound belt of Late Cretaceous Kasalka Group volcanic and volcaniclastic rocks, host to epithermal-related mineralization at Buck Main. Kasalka Group volcanic rocks also host bulk-tonnage epithermal-related mineralization at the Blackwater and Capoose gold-silver development projects of Artemis Gold Inc. (Angen et al., 2018)². These rocks are poorly exposed across the Buck Property due to widespread post-mineralization cover, therefore the high-resolution VTEM data will provide critical insight into the prospectivity of the underlying bedrock and help focus future ground-based surveys.
The initial focus will be to investigate the apparent resistivity signature of the Buck Main epithermal-related system and to look for comparable signatures across the entire property. These potential anomalies, together with other signatures interpreted to be possibly related to additional mineralization styles, will be ranked and prioritised. Follow-up geological and geochemical surveys will commence shortly after completion of the VTEM survey.
References
Angen, J.J., Hart, C.J.R., Kim, R.S., and Rahimi, M. (2018): Geology and Mineral Potential of the TREK Area, Northern Interior Plateau, Central British Columbia, Parts of 1:250,000 NTS Sheets 093B, C, F and G; Geoscience BC Report 2018-12, MDRU Publication 411.175 p.
National Instrument 43-101 Disclosure
This news release has been approved by Sun Summit’s Senior Advisor, Robert D. Willis, P. Eng., a “Qualified Person” as defined in National Instrument 43-101, Standards of Disclosure for Mineral Projects of the Canadian Securities Administrators. He has also verified any data disclosed, including sampling, analytical and test data, underlying the technical information in this news release.
Community Engagement
Sun Summit is engaging with First Nations on whose territory the Buck Property is located and is discussing their interests and identifying contract and work opportunities, as well as opportunities to support community initiatives. The Company looks forward to continuing to work with local and regional First Nations as the project continues.
For further information, contact:
Sharyn Alexander
President
info@sunsummitminerals.com
Tel. 778-588-9606
DISCLAIMER: Sun Summit is a paid marketing client
Have feedback on this article? Concerned about the content?
Get in touch with us directly Alternatively, email suneal@thegoldstocks.com
The Gold Stocks website (www.thegoldstocks.com) is owned by Machai Capital. Machai is a Vancouver, British Columbia-based marketing, advertising, and public relations company. Our writings are not designed to provide financial advice. It is not an advice to buy or sell any stock, and it does not take into consideration your objectives or financial position.
Address: 200-17618 58 Ave, Surrey, BC, V3S1L3.